Regions

Park Madison sees US rate hike on the cards as inflation accelerates 

The capital advisory firm pointed to a strong labor market and accelerating inflation as factors likely to drive the Federal Reserve to raise interest rates.

Lending Barometer: Treasury spike chills US originations

The PERE Credit Lending Barometer, which tracks representative data on US and European commercial real estate lending, tracked $12.9bn of new originations across 93 transactions in the US in May.

Capital watch: Fundraising in real estate private debt remains resilient

Multifamily remains the dominant asset class for sector-specific real estate credit fundraising.

Game, set, duration match: How real estate credit is serving an ace for insurers

More insurance company investors are moving toward allocations and partnerships with US and European real estate private credit managers as their income needs grow.

Private real estate credit seeing a new, global ‘rotation of capital’

Attendees at June’s PERE Credit 100 launch breakfast briefing heard the need for income is driving capital to real estate credit.

Kayne Anderson’s Rabil: ‘You either adjust or you die’

With the manager’s real estate arm set to be acquired by Bridgepoint in a $1.4bn deal, CEO Al Rabil says investors’ changing allocation habits are driving a need to scale.

X-Caliber, CastleGreen close $430.9m redevelopment financing for Hawaii hotel

The managers will be using a blend of senior debt and C-PACE capital to revitalize Reef Capital Partners’ 32-acre Coco Palms Resort in Kuaui.

S3 Capital continues debt expansion with close of $203m in construction loans

The New York-based lender originated its first office-to-residential conversion financing alongside a mixed-use condominium and hotel development deal.

PGIM funds $222m refinancing for pair of Rudin-backed offices

The refinancing comprises a $140m loan and a $82m loan for two separate Class A properties in Manhattan.